TGS and PGS to undertake further Newfoundland-Labrador surveyProjects and Operations // May 25, 2016
TGS has announced the expansion of its multi-client library offshore Eastern Canada, with plans to acquire approximately 2,000 km² of 3D seismic data, in partnership with PGS.
The survey will be acquired utilizing PGS' GeoStreamer technology. Data acquisition will commence during the summer season 2016. Pre-processing of the initial GeoStreamer signal will be performed by PGS following which TGS will perform data processing with final data available to clients in the third quarter of 2017.
The new data will strengthen the existing portfolio of 3D datasets. Currently the library consist of over 112,000 km of modern 2D data and 9,172 km² of 3D data, owned jointly with PGS, in addition to 83,700 km of TGS vintage data.
"We are building upon our extensive knowledge derived from previous 3Ds and the multi-year 2D programmes acquired in partnership with PGS. This project will provide valuable data to exploration companies to further de-risk their prospects," said Kristian Johansen, CEO, TGS. The project is supported by industry funding.
TGS provides multi-client geoscience data to oil and gas Exploration